2D Barcode Reader Marketsize, share, Forecast 2023-2030

November 29, 2023 0 Comments

A 2D barcode scanner is a process of interpreting two-dimensional barcodes, which store data in two dimensions, rather than in just a series of black and white bars. 2D barcode reader is also called as ?Quick Response Code (QR Code)? as they enable fast data access. The reader deciphers the encoded URL, which leads the browser to the appropriate information. The commercial use of 2D barcode reader started in 1981. A 2D bar code reader is employed in various industries to access associated information extensively.

This report aims to provide a comprehensive presentation of the global market for 2D Barcode Reader, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 2D Barcode Reader. This report contains market size and forecasts of 2D Barcode Reader in global, including the following market information:

Global 2D Barcode Reader Market Revenue, 2018-2023, 2024-2029, ($ millions)

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Global 2D Barcode Reader Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five 2D Barcode Reader companies in 2022 (%)

The global 2D Barcode Reader market was valued at US$ 5754.7 million in 2022 and is projected to reach US$ 7392.8 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

One of the primary reason driving this market increased acceptance of 2D barcodes across various sectors. Another factor driving the demand 2D barcodes is their proficiency to adapt an enormous size of information, unlike 1D barcode scanner. Increased memory at optimum pricing has been a key technological factor, which is an attractive proposition for end users. A key challenge in the market is the insufficiency for capital investment to innovate 2D barcodes. 2D barcode scanners are costlier than their 1D counterparts. Performance, design, and ergonomics are among the top factors of competition among 2D-barcode vendors. Furthermore, price competitiveness offers an additional advantage to barcode scanner vendors.

DPM (Direct Part Marking) is introducing new opportunities for manufacturing more automated solutions and track products through its full life cycle. It can be a potential market for the 2D imager. Also, government regulations and policies may result in the adoption of these devices in industries including healthcare & pharmaceuticals, transportation, and military applications.

We surveyed the 2D Barcode Reader manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global 2D Barcode Reader Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global 2D Barcode Reader Market Segment Percentages, by Type, 2022 (%)

QR Codes

Data Matrix Code

PDF417 Codes

Aztech 2D Barcodes

Global 2D Barcode Reader Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global 2D Barcode Reader Market Segment Percentages, by Application, 2022 (%)

Retail

Advertisements

Transportation

Others

Global 2D Barcode Reader Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global 2D Barcode Reader Market Segment Percentages, By Region and Country, 2022 (%)

North America

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies 2D Barcode Reader revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies 2D Barcode Reader revenues share in global market, 2022 (%)

Key companies 2D Barcode Reader sales in global market, 2018-2023 (Estimated), (K Units)

Key companies 2D Barcode Reader sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Honeywell

OCR Canada

Motorola Solutions

Datalogic

Zebra Technologies

Telenor

SATO

Bluebird

Opticon

Denso ADC

NCR

Outline of Major Chapters:

Chapter 1: Introduces the definition of 2D Barcode Reader, market overview.

Chapter 2: Global 2D Barcode Reader market size in revenue and volume.

Chapter 3: Detailed analysis of 2D Barcode Reader manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of 2D Barcode Reader in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global 2D Barcode Reader capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 2D Barcode Reader Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global 2D Barcode Reader Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global 2D Barcode Reader Overall Market Size
2.1 Global 2D Barcode Reader Market Size: 2022 VS 2029
2.2 Global 2D Barcode Reader Revenue, Prospects & Forecasts: 2018-2029
2.3 Global 2D Barcode Reader Sales: 2018-2029
3 Company Landscape
3.1 Top 2D Barcode Reader Players in Global Market
3.2 Top Global 2D Barcode Reader Companies Ranked by Revenue
3.3 Global 2D Barcode Reader Revenue by Companies
3.4 Global 2D Barcode Reader Sales by Companies
3.5 Global 2D Barcode Reader Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 2D Barcode Reader Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers 2D Barcode Reader Product Type
3.8 Tier 1, Tier 2 and Tier 3 2D Barcode Reader Players in Global Market
3.8.1 List of Global Tier 1 2D Barcode Reader Companies
3.8.2 List of Global Tier 2 and Tier 3 2D Barcode Reader Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global 2D Barcode Reader Market Size Markets, 2022 &